• Loan Closing Generalist, Post Funder

    ID
    2018-6669
    Job Locations
    US-NY-New York
    Category
    Lending
  • Overview

     

    First Republic Bank is looking for a skilled lending professional to join our Residential Closing Operations team. As a Residential Closing Generalist, you will be primarily responsible for the accurate and complete preparation of loan closing documentation and timely funding for Single Family 1-4 residential loans for either East or West coast closings. You will manage both the closing and funding functions in an environment of constantly changing deadlines without losing required high level of accuracy and production. Work is performed under supervision support or in accordance with detailed and specific instructions or procedures.

     

    What's the overall purpose?

     

    To ensure the accurate and timely post funding of residential real estate loans. Ensures Netoxygen information is completed and all conditions cleared. Auditing the loan file for funding conditions, compliance of company policy and procedures, federal regulation and applicable state laws. Reviews funding package to ensure that closing agent and lender documents have been accurately and fully executed. Tracks closing packages and takes appropriate action for retrieval.

    Responsibilities

    Additionally, you will:

    • Complete Funding dates and resolution loan file accordingly. Act as back up to closer to disburse loan funds to title company or attorney and copy of loan funding documentation to accounting department and other applicable department
    • Receive, review and approve all signed loan closing documents for completeness and compliance.
    • Determine that all funding and underwriting conditions have been satisfied and follow up with appropriate parties for corrections. Ensure compliance with TRID.
    • Complete all internal funding documentation and distribute to appropriate departments.
    • Complete funded loan, file documents and update Onbase for imaging.
    • Coordinate with Loan Delivery to ensure timely deliveries and complete files to investors.
    • Must be able to handle a high stress environment: highest mid-month through month end, quarter end and year end. Must be flexible with overtime hours, must be able to work in an environment of constantly changing deadlines without losing required high level of accuracy and production.
    • Perform duties & responsibilities specific to department functions & activities and as required by Supervisor.

    Qualifications

    • Able to operate efficiently in a fast paced environment.
    • Quick learner and ability to manage multiple priorities.
    • Proven ability to work under pressure and meet strict deadlines.
    • Excellent verbal and written communication skills.
    • Ability to succeed in a team-oriented work environment.
    • Demonstrated skills in organization and strong attention to detail.
    • Provides extraordinary service.
    • Furthers the First Republic Bank culture and values.
    • Intermediate knowledge of MS Word / MS Outlook / MS Visio / MS PowerPoint/ MS Excel.
    • Experience with NetOxygen, TotalPlus ML and/or IL applications a plus.
    • The ability to learn and comprehend basic instructions; understand the meanings of words and respond effectively; and perform basic arithmetic accurately and quickly.
    • Vision must be sufficient to read data reports, manuals and computer screens.
    • Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person.
    • Speech must be coherent to clearly convey or exchange information, including the giving and receiving of assignments and/or directions.
    • Position involves sitting most of the time, but may involve walking or standing for brief periods of time.
    • Must be able to travel as position requires.
    • May be required to lift up to 25-50 lbs.

     

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed